Manor Lane, Carlton-Le-Moorland LN5
East Midlands
£270,000
Listed on 03/10/2026
Listed on 03/10/2026
The listing
Property details
Bedrooms
3Type
DetachedArea
1093 sqftFeatures
- Garden
- Parking
Description
This three-bedroom detached house is offered with no onward chain and provides scope for updating, with any extension subject to the necessary permissions. The accommodation is arranged over two floors and includes an entrance hall with storage and garden access, a ground-floor WC, a dual-aspect lounge, and a fitted kitchen opening to a separate dining room. Upstairs are three double bedrooms with fitted or built-in wardrobes and a family bathroom.
The property sits on a generous plot in Carlton-le-Moorland. There is a lawned front garden, a side driveway with parking for multiple vehicles, and a private rear garden with a paved seating area, established planting, mature trees and storage outbuildings. The house has oil-fired central heating and uPVC double glazing, and is rated EPC D.
The village is around nine miles from Newark and 12 miles from Lincoln, with countryside nearby and local facilities including a pub, village hall and playing field. The sale is subject to probate, which the agent states has been granted.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
44out of 100
Grade ELow opportunity
Confidence: MEDIUM
This detached village home offers a usable canvas for a light, largely cosmetic update: older carpets and decorative finishes, plus dated kitchen and bathroom fittings, give scope to refresh the interior, while the established garden, side driveway and generous plot add to its appeal. The exterior appears generally sound in the available views, and the listing notes possible extension subject to permissions, though feasibility is not established by the photos.
The main drawback is the price. At £270,000, the asking price is around 11.9% above the local £/sqf average, and adding the £6,500–£14,000 refurb range leaves the purchase-plus-refurb cost stretched against the local benchmark for this floor area. That comparison is with current local average value, not a forecast of the value after works, so the overall opportunity is limited despite the property’s space and scope.
Key opportunities
- Refresh the dated carpets, wallpaper and decorative finishes to give the usable interior a more contemporary feel.
- Update the kitchen and bathroom finishes as part of a light modernisation.
- Make better use of the established garden, paved seating area and side driveway; the listing also mentions possible extension subject to permissions.
Key risks
- The asking price plus the stated refurbishment range would leave the purchase-and-works cost stretched against the local value benchmark for this floor area; this is not a post-works valuation.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,020
Based on a loan of £202,500 over 30 years at 4.45% interest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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